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GBP Pops on BoE, Will USDJPY Hit 106 on NFP? | BK Asset Management

February 4, 2021 Daily FX Market Roundup 02.04.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Investors have been bidding up the US dollar all week and now they are wondering if Fridayโ€™s non-farm payrolls report could drive EUR/USD to fresh 2 month lows or USD/JPY above 106. NFPs are the most important piece of data for the US this week but over the past year, weโ€™ve seen a diminishing impact on currencies. That mostly had to do with vaccine optimism and how ...
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